Rural lenders report growth amid challenges both domestic and external
The 54-member Chamber of Thrift Banks (CTB) on Friday reported that its roster accumulated assets collectively worth P943 billion as of end-May this year, a 5.3 percent increase from only P895 billion a year ago.
Cebu Landmasters, Japan’s NTT UD Asia form JV for residential towers development
Cebu Landmasters Inc said Friday it has signed a joint venture agreement with Japan’s NTT UD Asia Pte. Ltd. to develop premium-grade residential towers in the heart of Cebu City.
Tourism growth boosts economy but takes toll on environment–PSA
A surge in domestic travel and foreign tourist arrivals in 2022 following easing mobility restrictions have bolstered economic activity but the environment took toll for it, data from the Philippine Statistics Authority showed.
Concepcion Industrial splits chairman-CEO post; names former Max’s executive as CEO
Concepcion Industrial Corp. announced Friday the appointment of Isaias Ariel Fermin, the former president of restaurant group Max’s Group Inc., as chief executive officer of the listed company effective January 1.
ACEN infusing P463.6M equity into 2 renewable energy units
ACEN Corp. said Friday it will infuse P463.6 million in additional capital to two wholly-owned subsidiaries to bankroll their development of renewable energy projects...
